Samruk-Kazyna is establishing sharia-compliant investment vehicles and sukuk programmes to capture flows from Gulf investors, while positioning Kazakhstan as Central Asia's Islamic finance gateway.
The Queensland fund's move to near-total ownership of wind platform Tilt Renewables alongside new solar partnerships demonstrates Australia's growing appeal as a stable destination for Asian institutional investors seeking renewable energy exposure.
Facing tightening credit spreads and thin equity premiums, asset owners are cautiously embracing ILS for their higher yields and diversification benefits, but allocations remain modest.
Samruk-Kazyna has pioneered a partnership model that gives international investors operational control while sharing 30-35% of equity risk across infrastructure and industrial projects.
The insurer, which identified significant potential in the region's less mature but rapidly developing market, is constructing a local portfolio tailored to its balance sheet needs.
More than half of APAC investors say market conditions in infrastructure are improving, far surpassing the global average of 40%, a new fund manager survey says.
Asset owners in APAC reported a 100 basis point drop in target allocations to real estate in 2025, marking the steepest decline among their global peers.
Korea Venture Investment Corp. is drawing deeper interest from pension funds, policy lenders and corporates as allocators diversify into venture capital, encouraged by steady returns and a maturing startup ecosystem.